It's my understanding that using seller's cash-back is fraud when you are inflating the price beyond market value. Here's an example:Scenario 1
FMV: $300,000Sale Price on Contract: $350,000Cash back from sellers for ...
Hello BP! Wanted to get some perspectives on what's most appealing to a seller when putting in an offer. Would love to know your thoughts on this. I have framed up a question specific to my experience, but have also p...
When a tenant wires you funds through paypal or etc, can they get their money back and scam you?
I would appreciate it if I get some advice on one of our deals. We are purchasing a $600K property in California but the deal fell through because the lender cancel the program during the pandemic. And I also have alr...
I bought a land at a County tax deed auction. I did my due diligence and both the city zoning website and the zoning expert at the City said it is residential.
I won the auction....excited....and then another...
Hi BP Community!My fiance's mom's home was affected by Hurricane Harvey. Luckily she had flood insurance, but unluckily she had to get a FEMA approved contractor. He's extremely terrible and dishonest, but I'll stop t...
I have a question. I am in the education stage on my real estate investor process. So far I have been finding the answers to most things but I have a question. Let's say I find a property and get it contracted. I find...
My husband and I hired a 203K consultant and his work was not completed. We had to hire a new consultant to move the process along. How do we get our fee back from the 1st consultant?
What are others paying their PRIVATE MONEY lenders that are Funding a full deal? What is the % they are getting back on their investment? I am curious to know because my company flips homes in columbus ohio. We find t...
I have a question in regards to staring out with not being able to put $ down. For an easy example, say I purchase a property for $100,000. If I need 20% down plus say $10k in rehab costs that puts me cash in at $30...